. Solve for the compound interest earned if 10,000 pesos is invested for 1-1/2 years at 8% compounded (a) quarterly, and (b) monthly. 2. Find the compound interest and the amount if 25,000 pesos is invested for 2 years at 6% compounded (a) semi-annually, and (b) quarterly. 3. Find the compound interest and the amount if 30,000 is invested for 2 years at 6% compounded (a) monthly; (b) quarterly; (c) semi-annually ; and (d) annually.

. Solve for the compound interest earned if 10,000 pesos is invested for 1-1/2 years at 8% compounded (a) quarterly, and (b) monthly. 2. Find the compound interest and the amount if 25,000 pesos is invested for 2 years at 6% compounded (a) semi-annually, and (b) quarterly. 3. Find the compound interest and the amount if 30,000 is invested for 2 years at 6% compounded (a) monthly; (b) quarterly; (c) semi-annually ; and (d) annually.

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter4: Time Value Of Money

Section4.17: Amortized Loans

Problem 1ST

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